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Taxpayers can now claim 87A tax rebate on special income as ITR utility software has been fixed; but it's subject to disputes and litigations

In a highly anticipated final judgment, the Bombay High Court gave its order on 24 January, 2025, that the Income Tax Department is wrong in arbitrary modification of utility software for denial of ...
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No Section 87A tax rebate despite ITR filing forms being updated recently: How to claim Section 87A tax rebate with deadline ending on January 15, 2025

The Income Tax Department updated the income tax return forms for ITR-2 and ITR-3 on January 4, 2025. The ITR forms have been updated to allow the taxpayers to claim Section 87A tax rebate on ...
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87a Springfield Dr, Lochinvar NSW 2321

Welcome to 87A Springfield Drive, this beautifully finished, brand-new home in Lochinvar is perfectly situated close to local schools, sporting fields, shops, and transport. This thoughtfully designed ...
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Tax computation: Does Section 87A apply if my income is Rs 12 lakh, but total income exceeds the limit?

I am a resident individual with a total income of Rs 15 lakh for FY26, comprising: Rs 12 lakh from rent and interest income (taxable at normal slab rates), and Rs 3 lakh from long-term capital gains ...
moneycontrol.com

Taxation of conservative hybrid funds in FY2025-26: Are they eligible for Section 87A rebate?

Recent budgets have overhauled debt fund taxation, impacting how conservative hybrid funds are treated. Today's Ask Wallet Wise query decodes how they are taxed and whether a rebate under Section 87A ...